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Crescent Point Energy (Crescent Point Energy) Debt-to-Asset : 0.29 (As of Dec. 2023)


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What is Crescent Point Energy Debt-to-Asset?

Crescent Point Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $313 Mil. Crescent Point Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,453 Mil. Crescent Point Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $9,523 Mil. Crescent Point Energy's debt to asset for the quarter that ended in Dec. 2023 was 0.29.


Crescent Point Energy Debt-to-Asset Historical Data

The historical data trend for Crescent Point Energy's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Crescent Point Energy Debt-to-Asset Chart

Crescent Point Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.36 0.23 0.17 0.29

Crescent Point Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.17 0.28 0.30 0.29

Competitive Comparison of Crescent Point Energy's Debt-to-Asset

For the Oil & Gas E&P subindustry, Crescent Point Energy's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Crescent Point Energy's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Crescent Point Energy's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Crescent Point Energy's Debt-to-Asset falls into.



Crescent Point Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Crescent Point Energy's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(313.432 + 2452.668) / 9522.734
=0.29

Crescent Point Energy's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(313.432 + 2452.668) / 9522.734
=0.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Crescent Point Energy  (NYSE:CPG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Crescent Point Energy Debt-to-Asset Related Terms

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Crescent Point Energy (Crescent Point Energy) Business Description

Traded in Other Exchanges
Address
585 - 8th Avenue S.W., Suite 2000, Calgary, AB, CAN, T2P 1G1
Crescent Point Energy Corp is an independent exploration and production company. It is engaged in acquiring, developing, and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly-owned subsidiaries. The company generates maximum revenue from Oil and gas sales.